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Governance

Governance

A clear separation between the parent company and its operating subsidiaries.

Since
2016
Headquarters
Bamako, Mali
Nature
Multi-sector group

Portfolio governance

Role of HKOR GROUP

Strategy

Portfolio direction and priorities

Capital

Allocation, trade-offs and partner sourcing

Governance

Common framework, oversight and appointments

Markets

Synergies and institutional relations

Risk

Group policy and consolidated view

Brand

Reputation and institutional consistency

Role of the subsidiaries

Strategy

Business plans and sector execution

Capital

Resource use and performance

Governance

Day-to-day management and internal control

Markets

Business development and operations

Risk

Management of activity-specific risks

Brand

Sector identity and communication

Structure and control

HKOR GROUP holds majority or strategic interests in each subsidiary. Each subsidiary may open its capital to investors or industrial partners without opening the capital of HKOR GROUP itself. This model preserves the control and integrity of the parent company, ring-fences legal, financial and operational risks, and facilitates management, valuation and growth at subsidiary level.

Ethics, transparency, compliance

01

Integrity

Acting with ethics, transparency and responsibility in the conduct of the Group's affairs.

02

Governance

A common governance framework, clear oversight and Group-level appointments.

03

Risk

A Group-level risk policy, applied within each subsidiary's day-to-day risk management.